Canada market gains on metal mining stocks

SarahPringle

SAN FRANCISCO (MarketWatch) -- The Canadian stock market made headway Friday after ending the previous session at a loss. The composite index
ca:$isptx
was up 0.39%, or 45 points, to 11,511, buoyed by a 1.6% rise in metals mining stocks
xx:ttmn,
followed by a 0.7% rise in the information technology sector
TORGC194, -1.30%.
Class B shares of Transat
ca:trz
were down 4.5% after the company reported second-quarter losses and lowered its target price by C$3.15 to C$3.85. Also making notable moves were Ivanhoe Mines
IVN, +4.30%,
sliding 6.7%, and on the upside, shares of Taseko Mines
TKO, +10.71%
climbed 6%. The Canadian dollar fell 0.02%, with the U.S. dollar buying C$1.0233 vs. C$1.0228 Thursday.

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